Amplitude, Inc. (NASDAQ:AMPL – Free Report) – Equities research analysts at DA Davidson raised their FY2026 earnings per share estimates for shares of Amplitude in a research report issued on Tuesday, March 11th. DA Davidson analyst C. Wright now anticipates that the company will earn ($0.60) per share for the year, up from their previous estimate of ($0.61). DA Davidson currently has a “Buy” rating and a $16.00 target price on the stock. The consensus estimate for Amplitude’s current full-year earnings is ($0.62) per share.
Amplitude (NASDAQ:AMPL – Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.27). Amplitude had a negative net margin of 31.52% and a negative return on equity of 32.24%. The firm had revenue of $78.13 million during the quarter, compared to analysts’ expectations of $76.68 million.
View Our Latest Report on AMPL
Amplitude Stock Performance
Amplitude stock opened at $11.75 on Thursday. Amplitude has a fifty-two week low of $7.37 and a fifty-two week high of $14.88. The company has a market capitalization of $1.52 billion, a P/E ratio of -15.26 and a beta of 1.35. The stock has a 50-day simple moving average of $11.89 and a 200-day simple moving average of $10.48.
Institutional Investors Weigh In On Amplitude
A number of institutional investors and hedge funds have recently modified their holdings of AMPL. Occudo Quantitative Strategies LP raised its position in shares of Amplitude by 2.1% in the 4th quarter. Occudo Quantitative Strategies LP now owns 41,365 shares of the company’s stock worth $436,000 after buying an additional 832 shares during the period. Rhumbline Advisers raised its position in Amplitude by 1.0% in the fourth quarter. Rhumbline Advisers now owns 101,954 shares of the company’s stock valued at $1,076,000 after purchasing an additional 1,040 shares during the period. Summit Investment Advisors Inc. raised its position in Amplitude by 22.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,172 shares of the company’s stock valued at $86,000 after purchasing an additional 1,492 shares during the period. Legal & General Group Plc raised its position in Amplitude by 2.6% in the fourth quarter. Legal & General Group Plc now owns 82,998 shares of the company’s stock valued at $876,000 after purchasing an additional 2,111 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Amplitude by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,361 shares of the company’s stock valued at $468,000 after purchasing an additional 2,512 shares during the period. Institutional investors and hedge funds own 73.20% of the company’s stock.
Insider Buying and Selling
In related news, Director Eric Vishria sold 35,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $12.80, for a total value of $448,000.00. Following the sale, the director now owns 286,859 shares in the company, valued at $3,671,795.20. This represents a 10.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 4.80% of the company’s stock.
About Amplitude
Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.
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